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Cardano’s (ADA) First Algorithmic Stablecoin Goes Live on Public Testnet

Cardano’s (ADA) First Algorithmic Stablecoin Goes Live on Public Testnet

Ethereum competitor Cardano (ADA) has teamed up with blockchain payments ecosystem COTI to launch a new algorithmic stablecoin. In a new blog post, COTI says that Djed, the first-ever algorithmic stablecoin built on the smart contract platform, has gone live on its public testnet. “We are excited to announce that after months of intense work […]

The post Cardano’s (ADA) First Algorithmic Stablecoin Goes Live on Public Testnet appeared first on The Daily Hodl.

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